Nvidia adds $591B in market cap in four days, surpassing Oracle’s entire valuation
Crypto Briefing
Nvidia's market capitalization surged by $591 billion in four days, fueled by intense demand for AI-focused GPU hardware.Summary
Nvidia has experienced an unprecedented market surge, adding $591 billion in value in just four trading days—an amount roughly equivalent to the total market capitalization of Oracle. This growth is primarily driven by the ongoing AI infrastructure boom, highlighted by massive contracts like the $6.5 billion deal between CoreWeave and OpenAI. As hyperscalers aggressively acquire GPUs to train frontier AI models, Nvidia's dominance remains unshakable, with analysts projecting continued double-digit growth in both revenue and earnings per share. Additionally, the high demand for AI compute has tightened the supply of hardware, creating ripple effects in secondary markets, including cryptocurrency mining.
(Source：Crypto Briefing)